Egypt News

Global FSRU demand ramps up

Apr 27, 2015

This year, Pakistan, Egypt, Jordan and Uruguay plan to begin importing natural gas via floating storage and regasification unit (FSRU) vessels. The vessels are a solution to the challenge of importing liquefied natural gas (LNG) into areas…

UK may revoke Dea UK/LetterOne licenses

Apr 20, 2015

The UK government is giving Dea UK and partner LetterOne three to six months for a further change of control for UK North Sea petroleum licenses or they will be revoked. RWE Breagh installation…

EMG denies involvement in Tamar deal

Mar 24, 2015

East Mediterranean Gas Co. (EMG) is denying any involvement in the US$1.2 billion deal made last week between the Tamar partners and Dolphinus Holdings to export natural gas from Israel to Egypt using the EMG pipeline. Tamar map…

Eni in US$5 billion Egypt venture

Mar 16, 2015

Italian giant Eni is investing an estimated US$5 billion dollars for the development of oil and gas resources in Egypt, including the development of 200 MMbbl and 1.3 TCF of gas. Image from Eni.   Egyptian…

West Delta Deep Marine- Expansion beyond Limits

Apr 01, 2015

When the West Deep Delta Marine development came onstream offshore Egypt in 1999, it was planned to have a 25-year field life. It’s now on its Phase IXa development, with 58 wells, seven with HIPPS, and 14 manifolds. None have been plugged and abandoned yet…

BP in second Egypt find

Mar 09, 2015

BP made its second gas discovery in the East Mediterranean Sea at its North Damietta Offshore concession in the East Nile Delta. Image from BP.   The discovery was made at the Atoll…

BP developing Egypt’s West Nile Delta

Mar 06, 2015

BP signed final agreements to develop the US$12 billion West Nile Delta (WND) gas fields, with production set at reaching up to 1.2 Bcf/d in Egypt. BP worker on a platform in the Gulf of Suez. From BP…

Polarcus gets 3D seismic off Egypt

Mar 05, 2015

Polarcus won a contract from an undisclosed client for a 3D marine seismic project offshore Egypt using Polarcus' RightBAND technique for broadband data acquisition. The project will begin 1Q 2015 and is expected to run for about 50 days.

Edison growing its North Sea portfolio

Mar 26, 2015

Long a bastion of Mediterranean oil and gas exploration and production, Italy's Edison is close to completing a deal on its latest assets in the UK North Sea and is eyeing its third hub in the wider North Sea region.  Taking time out…

Geopolitics key to Mediterranean energy future

Mar 24, 2015

The oil and gas industry can deal with low oil prices, up to a point, by making itself more efficient. In contrast, there is little it can do about geopolitics and one of the places that is most evident is the Mediterranean.  The region has long been home to oil and gas production…

Dolphinus strikes Tamar deal

Mar 18, 2015

The Tamar partners awarded Dolphinus Holdings a US$1.2 billion contract to export natural gas from the Tamar project to Egypt. Tamar field. From Delek.   For the first three years of the seven-year contract…

Eni to explore Egyptian Mediterranean

Jan 14, 2015

Italian giant Eni signed two concession agreements to explore two blocks in the Mediterranean Sea offshore Egypt as part of the 2013 Egyptian General Petroleum Corp. (EGAS) bid round. Image from Eni.   Blocks…

Egypt’s bid to spur oil, gas activity

Jan 20, 2015

Egypt’s bid to pay off its mountain of debt to international oil companies and improve contract terms could create a rush of activity to make up for lost time. Patrick Werr reports. Former chairman of Egypt’s state-owned gas holding company…

Petroceltic plans Egypt offshore seismic

Jan 16, 2015

Ireland-based exploration firm Petroceltic is focusing its attention on Egypt after two offshore block awards were recently ratified.  The firm said during 2014, formal award of the offshore North Thekah block was awarded and, more recently…

Egypt signs six new oil and gas agreements

Jan 12, 2015

Egypt's government has signed six new agreements for oil and gas exploration in the Gulf of Suez and the Western Desert, the Oil Ministry announced 9 January.  The agreements were with Shell, Italian firm ENI, BP and Canada's Trans Globe…

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